The Hindu Business Line : Thursday, October 30, 2008

INDUSTRY & ECONOMY

ECONOMY: Coming to grips
What are marketers and ad agencies doing to combat the slowdown? Read on.. The verdict is out. Many sectors in India will be affected by the slowdown in the global economy, some more than the other. While the corporate sector is busy making ...

STEEL: China cuts steel output on weak demand
Thinning order books, high prices cause inventory pile-up. Stung by the threat of recessionary conditions in the Western world and slowdown in industrial activity resulting in lack of demand within the ...

EXPORTS & IMPORTS: Plans to boost ornamental fish exports to $50 m by 2012
Shipments a meagre 0.06% compared with food fish. Kochi, Oct. 29 Ornamental fish exports have almost doubled from Rs 3.2 crore in 2001-02 to Rs 5.6 crore in 2006-07, but remains quite insignificant compared with the export of food fish which is ...

INDUSTRY ASSOCIATIONS: Maize output growth may outstrip demand expansion
Assocham study moots raising yield to 3.08 tonnes a hectare. Chennai, Oct. 29 Growth in maize (corn) production may outstrip growth in demand in 12 years but to maintain the current level of surplus, productivity has to be raised, a study by ...

HANDLOOM: 28 handloom clusters to come up
Twenty-eight handloom clusters have been planned in the State during 2008-09, according to Mr Viswanath Shegaonkar, Secretary, Handlooms. He was speaking at the inauguration of the Punalveli handloom cluster at Srivilliputhur, near ...

TYRES: Dumping probe into bus, truck radial tyres begins
Association contends imported products share similarities. The Designated Authority in the Commerce Department has set off anti-dumping investigation into imported bus and truck radial tyres from China and Thailand, following a complaint lodged ...

EVENTS: Noida to host global meet on metals sector
Mumbai, Oct. 29 The Indian Institute of Metals, the country’s largest body of professional metallurgists, will host Metals Asia ‘08 during November 13-16 at Greater Noida, near ...

SCIENCE & TECHNOLOGY: Lunar craft one step away from Moon
The one-week-old Indian lunar orbiter Chandrayaan-1 is now in an orbit almost 70 per cent from its scheduled slot near Moon. It now orbits Earth elliptically at 2.67 lakh km distance from one ...

LEATHER: Council for Leather Exports launches portal, e-magazine
Realisations of exporters likely to improve. New Delhi, Oct. 29 Exporters of leather products will be able to improve their realisations once details of their products and production facilities are available to buyers abroad on the Net, the ...

COURTS/LEGAL ISSUES: HC asks I-T Commissioner to reconsider claim for waiver of interest
Chennai, Oct. 29 The Commissioner of Income-Tax-I, Madurai, has been directed by the Madurai Bench of the Madras High Court to consider afresh the claim of an assessee for waiver of interest charged under Section 220(2) of the Income-Tax ...

PERSONAL PRODUCTS: FMCG: Bottom of pyramid going strong
Lower income groups have been increasing their expenditure on toilet articles (including bath soaps, toothpaste, creams and shampoos, but excluding detergents). As a result, there has been a steady but seemingly small upward creep in their ...

FOREIGN DIRECT INVESTMENT: Kerala exploring ways to tap US investments
Industries Minister leaves for US. Thiruvananthapuram, Oct. 29 The Minister for Industries, Mr Elamaram Kareem, has left for the US to explore possibilities of attracting investments to ...

ACCIDENTS: Fire mishap
...

NEWSPAPERS & PUBLISHING: Christian Science Monitor to stop print edition, goes digital
Coimbatore, Oct. 29 Christian Science Monitor, an iconic US newspaper that will be celebrating its centenary in just about a month, has decided to stop its daily print edition and go for a daily electronic edition that would ...

NON-CONVENTIONAL ENERGY: AP to hike power purchase price for bio-mass units
Hyderabad, Oct. 29 The Andhra Pradesh Government has announced enhancement of power procurement price for bio-mass generation units from Rs 3.15 a unit to ...

INDUSTRY ASSOCIATIONS: TN chamber not to observe bandh
Tamilnadu Chamber of Commerce and Industry will not respond to the call for bandh on the Sri Lankan Tamils issue on October 31. In a release to the press here, the Senior President of the chamber, Mr S. Rethinavelu, said that due to the swift ...

FOODS & FOOD PROCESSING: Food processing programme
The Association of Lady Entrepreneurs of Andhra Pradesh (ALEAP) will be organising a month long entrepreneurship development programme in food processing. The programme will commence from November 1 and will be held at ALEAP Industrial Estate, ...